Around 13:50 GMT, the Dow Jones gained 1.33%, the Nasdaq index rose 1.21% and the broader S&P 500 index took 1.20%. All three indexes remain on four consecutive sessions of decline.

Today's event came before the opening, with the monthly jobs report, which showed that 253,000 jobs had been created in April in the United States, significantly more than the 180,000 jobs expected by economists.

This surprise was put into perspective by the sharp downward revision (-149,000 in total) of the February and March figures.

Another downside, the average increase in wages of 0.5% over one month, above 0.3%, indicating that "pressures on incomes", which fuel inflation, "do not calm down", reacted, in a note, Rubeela Farooqi, High Frequency Economics.

"This only increases the likelihood that the Fed will have to continue raising rates," said Chris Zaccarelli of the Independent Advisor Alliance.

This prospect has pushed bond yields higher, which had fallen sharply since the Fed's communication on Wednesday. The yield on 10-year US government bonds stood at 3.45%, against 3.37% the previous day at the close.

Overall, however, traders are still expecting the end of the tightening cycle, followed by a series of rate cuts by the end of the year.

"When there was concern that Fed rates were constantly rising, any good news for the economy was not well received by the market. But now it's the opposite," said Art Hogan of B. Riley Wealth Management.

Even if the labor market continues to cool in the coming months, "I don't think we're going to reach a level where it will be really painful," said Maris Ogg of Tower Bridge Advisors, lending credence to the thesis of a soft landing of the US economy.

On the equity side, "the market is reacting moderately to macroeconomic data, but the general mood is positive," said the analyst, mentioning the rebound in oil and the recovery of regional banks.

After another turbulent day, the most targeted of them, the Californian PacWest, regained 48.26%, almost erasing its losses of the previous day.

Other victims of the blow on the banks were back in colour, such as the Salt Lake City (Utah) brand Zions (+12.14%), the Texan Comerica (+9.84%) or the Phoenix (Arizona) Western Alliance (+26.29%).

The major national banks benefited from the aspiration, such as Citigroup (+2.66%) or Wells Fargo (+2.49%).

Wall Street was also well oriented by the results of Apple (+4.29%), Thursday after trading, which carried the giant to the apple and a good part of the technology sector with it.

The Cupertino (California) firm recorded a second consecutive decline in revenue, but exceeded market expectations, mainly thanks to its flagship product, the iPhone, which now accounts for 54% of the group's sales. Apple also announced a new share buyback program of up to $90 billion.

The platform for booking vehicles with drivers Lyft skidded (-19.55%) after announcing forecasts below analysts' projections, despite a better than expected first quarter.

The entertainment group Warner Bros Discovery declined (-2.96%) after reporting a lower than expected turnover and a surprise loss. The Burbank, California-based company suffered from a slowdown in content sales and advertising. It should be noted, however, that the streaming activity has reached profitability.

© 2023 AFP